Legal definition of Internal Revenue Code
Tax Law Legal Terminology

Internal Revenue Code

“Internal Revenue Code” means the Internal Revenue Code of 1986 enacted by Congress, that regulates taxation in the USA.
The Internal Revenue Service (IRS) is a Federal Agency entrusted with the power to enforce the Internal Revenue Code.
The IRC can be found in Title 26 of the US Code.
The Internal Revenue Code (IRC), formally the Internal Revenue Code of 1986, is the domestic portion of Federal statutory tax law in the United States, published in various volumes of the United States Statutes at Large, and separately as Title 26 of the United States Code (USC).
It is organized topically, into subtitles and sections, covering income tax (see Income tax in the United States), payroll taxes, estate taxes, gift taxes and excise taxes; as well as procedure and administration. Its implementing agency is the Internal Revenue Service.
Source: Wikipedia - The Free Encyclopedia. website. license
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